The Headline
Iran's Strait of Hormuz closure risks global fuel prices
Key Facts
- US airstrikes destroyed Iran's three nuclear facilities - Fordow, Ifshahan, and Natanz, with B-2 stealth bombers sent into Iranian territory.
- Iran's parliament approved a measure endorsing the closure of the Strait of Hormuz, a major oil transportation route.
- US Secretary of State Marco Rubio urged China to encourage Iran to not shut down the oil corridor Strait of Hormuz.
- Rubio warned that closing the strait would be a suicidal move for Iran and escalate the conflict.
- Closure of the Strait of Hormuz could lead to rising fuel costs for global consumers, including Americans.
US Secretary of State Marco Rubio urged China to encourage Iran to not shut down the oil corridor Strait of Hormuz, a possibility that several reports indicated after US strikes on Iran's three nuclear facilities.
NDTV
Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route, following.
USA Today